Suppose that a company's monthly sales follow a normal distribution. The mean of this distribution is (50000) and the standard deviation is (5000). What are the two properties of this distribution?

Question

Suppose that a company&#x27;s monthly sales follow a normal distribution. The mean of this distribution is (50000) and the standard deviation is (5000). What are the two properties of this distribution?

Accepted Answer

Step:1 ：The normal distribution is defined by two parameters: the mean ((mu)) and the standard deviation ((sigma)).Step:2 ：The mean of the distribution is the average value, which in this case is (50000).Step:3 ：The standard deviation of the distribution is a measure of the spread of the distribution, which in this case is (5000).

Answer

Step: 1 ：The normal distribution is defined by two parameters: the mean ((mu)) and the standard deviation ((sigma)).Step: 2 ：The mean of the distribution is the average value, which in this case is (50000).Step: 3 ：The standard deviation of the distribution is a measure of the spread of the distribution, which in this case is (5000).

Suppose that a company's monthly sales follow a normal distribution. The mean of this distribution is $$ 50000$ and the standard deviation is $$ 5000$ . What are the two properties of this distribution?

Answer

Popular Problems

Suppose that a company's monthly sales follow a normal distribution. The mean of this distribution is $50000 and the standard deviation is $5000. What are the two properties of this distribution?

Answer

Popular Problems

Suppose that a company's monthly sales follow a normal distribution. The mean of this distribution is $$ 50000$ and the standard deviation is $$ 5000$ . What are the two properties of this distribution?